PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Hyperliquid against Lighter−0.050%7-day average −0.046% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.050%, 7d avg −0.046%

Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PYTH	0.06244	0.0096	pay 0.0012% / 1h	23m 16s	$192K	$210K	5x
Short	Hyperliquid PYTH	0.06241	0.0100	get 0.0013% / 1h	23m 16s	$2.1M	$1.9M	5x

Funding history

latest

Range statsloading…

Hyperliquid against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee LighterbpFee HyperliquidbpOrdersPrice spread, now −0.050%Rate

Slippage unknown: Lighter: live order book, 7 min ago; Hyperliquid: live order book, 8 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 7 min ago	0.80 bp	6.5 bp −$7	86.9 bp −$869	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 8 min ago	4.07 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack PYTH_USDC_PERP	−0.0440%	1h	0.06254	+0.155%	$38K	$63K	10x	as long as short
Gate PYTH_USDT	−0.0146%	4h	0.06233	−0.176%	$1.0M	$530K	75x	as long as short
Deribit PYTH_USDC-PERPETUAL	−0.0070%	1h	0.06239	−0.080%	$10K	$10K	10x	as long as short
BloFin PYTH-USDT	−0.0020%	4h	0.06240	−0.064%	$420K	$75K	75x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06249	+0.076%	$186K	$19	5x	as long as short
MEXC PYTH_USDT	+0.0004%	4h	0.06233	−0.176%	$10.3M	$2.7M	125x	as long as short
Binance PYTHUSDT	+0.0006%	4h	0.06232	−0.189%	$8.8M	$18.9M	75x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	+0.256%	$553	$220K	5.5x	as long as short
Aevo PYTH-PERP	+0.0080%	1h	0.06235	−0.144%	$22K	—	3x	as long as short
Lighter PYTHlong	+0.0096%	1h	0.06244	long leg	$192K	$210K	5x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06236	−0.122%	$3K	—	10x	as long as short
Hyperliquid PYTHshort	+0.0100%	1h	0.06241	−0.050%	$2.1M	$1.9M	5x
Aster PYTHUSDT	+0.0100%	4h	0.06242	−0.032%	$20K	$45K	10x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06241	−0.048%	$7.3M	$4.8M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06232	−0.192%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06239	−0.080%	$1.5M	$351K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06236	−0.128%	$2.6M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06237	−0.112%	—	$2.8M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06231	−0.209%	$38K	$25K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06237	−0.106%	$2K	$2K	10x	as long as short
Kraken Futures PF_PYTHUSD	+0.0239%	1h	0.06241	−0.045%	$381K	$302K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06232	−0.196%	—	—	20x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0312%	1h	0.06493	+3.988%	$40K	$19K	25x	as long as short